iShares Russell 2000 Value ETF $IWN Stake Increased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 38.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 284,106 shares of the company’s stock after acquiring an additional 78,327 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Russell 2000 Value ETF were worth $53,864,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IWN. Money Concepts Capital Corp bought a new stake in shares of iShares Russell 2000 Value ETF during the 1st quarter worth about $1,020,000. Kelsey Financial LLC purchased a new position in iShares Russell 2000 Value ETF in the 4th quarter worth about $2,789,000. Strategic Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth approximately $469,000. Summit Wealth Group LLC Co. acquired a new stake in iShares Russell 2000 Value ETF during the 4th quarter valued at $519,000. Finally, Blue Trust Inc. raised its position in iShares Russell 2000 Value ETF by 43.3% during the fourth quarter. Blue Trust Inc. now owns 13,972 shares of the company’s stock valued at $2,532,000 after buying an additional 4,223 shares during the period. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

IWN stock opened at $220.58 on Friday. The firm has a 50 day simple moving average of $216.50 and a 200 day simple moving average of $203.95. iShares Russell 2000 Value ETF has a 52 week low of $155.54 and a 52 week high of $224.42. The stock has a market cap of $14.30 billion, a P/E ratio of 14.35 and a beta of 1.01.

iShares Russell 2000 Value ETF Profile

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.